COSCO Predicted to Take Down Ocean Alliance
Shippers, get ready for the freight rate war saga of the ocean carriers to continue. Perhaps the biggest reason for shippers to pay attention to what's happening with carriers is because it [...]
Shippers, get ready for the freight rate war saga of the ocean carriers to continue. Perhaps the biggest reason for shippers to pay attention to what's happening with carriers is because it [...]
Mediterranean Shipping Company (MSC), the world’s largest ocean freight carrier by capacity, has been making moves that could position itself to leave the 2M Alliance it has with Maersk, [...]
In case you haven't heard, Evergreen has had another costly and public debacle. No, this isn't a story about Hilary Clinton; Evergreen being her code name from the secret service is just [...]
Today, we continue our look at governmental pressure on the international shipping industry. Having watched carrier competition shrink over the last decade until reaching the point we're at now, [...]
THE Alliance members are “falling further behind in the megamax vessel stakes,” Alphaliner was quoted as saying in an article by Mike Wackett in the Loadstar. The headlining point of [...]
The news out of Beijing at the end of last week on mp.weixin.qq.com is that the carriers of the OCEAN Alliance signed a document laying out the vessel sharing agreement’s planned network of [...]
As of Monday, the OCEAN Alliance has been cleared for business–at least as far as the Federal Maritime Commission (FMC) is concerned. However, the vessel sharing agreement between CMA CGM, [...]
Is Hyundai Merchant Marine (HMM) no longer joining Maersk and Mediterranean Shipping Company (MSC) in their carrier alliance? “The memorandum of understanding is only a paper to agree to discuss. [...]
When watching the carriers operating in the international shipping industry, the old Agatha Christie mystery, “Ten Little Indians” comes to mind. … And then there were [...]
All the rumors have led up to this… A big, new carrier alliance has been announced: The Ocean Alliance. After China Cosco Group and China Shipping Group merged to form China Cosco [...]
With the merger of China Cosco Group and China Shipping Group creating the shipping leviathan China Cosco Shipping Corporation Limited, changes are going to ripple across the entire international [...]
There’s always an element of uncertainty in the international shipping industry. There are always factors that make freight rates volatile, but the 2M, Ocean 3, G6, and CKYHE carrier [...]
Yes, it’s another story of shrinking carrier competition in the international shipping industry. China Ocean Shipping Co., perhaps better known as Cosco, and China Shipping Co. are forming an [...]
This blog is the third part in a series about the G6, P3, and CKYH carrier alliances. Check out Part 1: Hunger Games of the Sea: G6, P3, & CKYH Alliances Fight for Shipping Dominance and Part [...]
It’s a chess match to stay alive. No, it’s not as dramatic or exciting to read about as Suzanne Collins’ The Hunger Games where Katniss Everdeen is placed in an arena with 23 [...]
Last week we blogged about the P3 Network, an alliance between the largest three shipping container carriers in the world–Maersk, Mediterranean Shipping Co., and CMA CGM. The alliance would [...]
The Green Standard Part I: Ocean Shipping Lines on the Global 100 List How do we determine if a company is green enough? Thanks to 11 sustainability benchmarks (Universal KPIs) below created by [...]
by Jared Vineyard It’s not official yet, but it appears the German shipping company Hapag-Lloyd is merging with the Chilean shipping company Compania Sud Americana de Vapores (CSAV). The [...]
This is the follow up to last week’s blog, Hunger Games of the Sea: G6, P3, & CKYH Alliances Fight for Shipping Dominance. In an arena of oceans and seas, giant ships filled with [...]
Importers can thank goodness that their freight rates and international shipping costs are generally on par with pre-COVID levels and behaviors. To say the astronomically high freight rates and [...]